3/63 Third Avenue, Bassendean WA 6054
3/63 Third Avenue, Bassendean WA 6054
Unit in an established low-rise complex with strong rental demand from professionals, 14%+ annual growth momentum, and a 9-day sales velocity signaling quick turnover.
Spacious 3-bedroom, 2-bathroom layout with open-plan living and a private courtyard appeals to young families or downsizers seeking low-maintenance living. Positioned on the quieter eastern edge near Bassendean Oval and the rail line, it offers an easy 20-minute commute to Perth CBD by train or via the Mitchell Freeway, balancing urban access with suburban calm. Within walking distance to Bassendean Primary (1.5km, strong NAPLAN scores) and Bassendean Secondary College (800m), it suits households with school-age children who prioritise proximity over prestige.
Targets first-home buyers priced out of detached houses, investor-occupiers seeking steady tenants, or empty-nesters wanting community without isolation. Demand remains robust from professionals in the 78kย130k income bracketยthe predominant local demographicยdrawn to a professional-heavy workforce and median weekly household earnings above state averages. The layout maximises natural light and storage, suiting remote workers with home-office potential.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 3/63 Third Avenue, Bassendean WA 6054
Market Insight:
Bassendean is a tightly held inner-ring suburb experiencing robust demand from young professionals, reflected in rapid sales and strong price growth. This demographic is drawn to its proximity to Perth and established character, creating a competitive market with low vacancy and rising rents. Future growth is underpinned by sustained demand for family homes, though limited rental stock and a constrained sales pipeline present key constraints to supply.